Where's the beef? Wendy's says its supply is almost back to normal

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Where's the beef? Wendy's says its supply is almost back to normal

Wendy’s beef shortage is over – almost. The company said in a Securities and Exchange Commission filing Monday that “at this point in time, beef supply has returned to near-normal levels across the Wendy’s system.” Early last month, the chain was suffering …
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Cleveland-Cliffs plans to resume construction of Toledo plant, restart Michigan mine

Cleveland-Cliffs Inc. (NYSE: CLF) is getting back to business sooner than expected on a key construction project in Toledo and at a mine in Michigan. Cliffs announced in a news release on Tuesday morning, June 9, that it will resume construction of its $700 …
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25000 stores are predicted to close in 2020, as the coronavirus pandemic accelerates industry upheaval

U.S. retailers could announced between 20,000 and 25,000 closures this year, according to a tracking by Coresight Research, with 55% to 60% of those situated in America’s malls. That would also mark a new record for the industry. Coresight was previously …
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RWS buys Iconic Translation Machines and Webdunia

Language, intellectual property support and localisation company RWS Holdings announced the acquisitions of Iconic Translation Machines for an initial $10m (£7.9m), with deferred consideration of up to $10m in RWS shares, and Webdunia India for total …
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Roche pens $2B biobucks pact with Innovent Biologics for bispecific and cell therapies

Roche is licensing out part of its cancer platform to Chinese biotech Innovent Biologics. Innovent gains nonexclusive access to the Swiss major’s cell therapies and bispecific antibodies for both blood and solid cancers. Under the pact, details of which were …
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